USD/CAD Daily Analysis – Friday, March 8

USD/CAD remains in the uptrend from 1.3112. As long as 1.3413 support holds, the upside movement could be expected to continue and next target would be at 1.3500 area. On the downside, a breakdown below 1.3413 support would suggest that consolidation for the uptrend is underway, then the pair would find next support level at 1.3390, followed by 1.3330.

USDCAD 4-hour chart

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